AVP, Trade Support ManagerExperience Level: Executive Level | Posted Date: 14/04/2025
About RenaissanceRe
For over three decades, RenaissanceRe has helped its clients manage the risks of operating in a volatile and uncertain world. We’re experts in Property, Casualty, Specialty, and Credit reinsurance, consistently recognized for the innovative way we combine data, experience and technology to understand and manage large and complex risks across the world. We are also a business with a real social purpose - we help protect communities around the globe and enable prosperity for all. Our purpose drives us forward every day as we seek solutions to some of the world's most complicated challenges. To learn more, please visit us at Careers - RenaissanceRe (renre.com).
About Investments
Our Investments team manages RenaissanceRe’s $33 billion investment portfolio, allocating our assets, either directly or through investment managers, to deliver alpha against our strategic benchmark. We invest in a diverse range of assets from treasuries and corporate bonds to equities and private credit to provide capital and liquidity for underwriting risk and paying claims. Our investment portfolio is one of RenaissanceRe’s “Three Drivers of Profit”, along with underwriting income and fees, providing $1.7 billion in net investment income in 2024 to benefit our shareholders and joint venture partners. RenRe has grown significantly over the past few years, both organically and through strategic acquisitions.
About Investments Operations
The Investments Operations team is responsible for supporting all Investments middle office activities, including trade support and settlement and counterparty maintenance for our internally managed portfolio, compliance, bank account management, data reconciliations and reporting, and performance and attribution. The team supports and works closely with Investments, Treasury, Finance, among other departments to ensure complete and accurate representation of our investment portfolio.
Investment Operations is expanding to support the growing business demands. We are focused on increasing scalability through digitalization, automation, and streamlining processes to enable continued excellence in delivering to our clients, partners, stakeholders, and employees. This is an exciting opportunity to join the transformation journey, work directly with the core Investments team, external managers, and on the BlackRock Aladdin platform.
About the Position
Reporting directly to the VP, Investment Operations, the AVP, Trade Support Manager will oversee the delivery of all trade support activities within the investment operations function, ensuring efficient and accurate execution of day-to-day trading and post-trade activities. Successful candidates will be responsible for a wide variety of transaction management requirements, including oversight of outsourcing partners (notably BlackRock Operations), overseeing processing of trade transactions, through to settlement and ensuring timely and accurate cash and trade execution and reconciliation. Responsibilities will also include trade query and resolution, counterparty maintenance, corporate actions, support of Aladdin portfolio onboarding and asset transfers and oversight of security data management . Above all, they will support the seamless end-to-end transaction cycle for internal and external stakeholders. The AVP, Trade Support Manager will demonstrate excellent team and outsourcing partner management skills, sharp attention to detail, strong risk management and analytical skills, ownership mentality, and drive to solve problems. Joining at a time of rapid growth, the right candidates will thrive in change environments, strive for continuous improvement, and embrace their role in enabling not just our investments operations but the overall business we support.
The AVP, Trade Support Manager is based in our new Dublin office in Dawson Street and will be part of a global and collaborative team located in Bermuda, Dublin, London and New York.
Key Responsibilities
Trade Support
Manage the transition for partial middle-office outsourcing (BlackRock Trade Support Services)
Oversee the outsourcing partner and ensure service is delivered to a high standard
Lead trade capturing, confirmation, and settlement, ensuring timely and accurate recording of trade data, reconciling broker related data and third-party platform connectivity
Maintain the security master data, enabling appropriate financial data organization and downstream accessibility
Manage the review of security data quality across proprietary and external investment and trading systems, highlighting risks, opportunities for improvement, or other recommended updates
Oversee reconciliation of internal and external portfolios, including start of day cash & positions
Coordinate with counterparties, custodians, vendors, and systems in compliance with settlement instructions and operational best practices
Handle corporate action notifications and processing, including managing impact on portfolios
Maintain accurate records of transactions, identifying and reconciling data discrepancies
Assist with the mechanics of onboarding new portfolios
Assist with internal reporting as needed
Team & Stakeholder Management
Coordinate with other pillar leads (including Compliance, Data & Reporting, Performance) to ensure cohesive delivery and successful outcomes
Proactively identify opportunities and drive initiatives that make our operations more scalable and efficient
Contribute to scalability through clear documentation of processes and procedures
Lead engagement with Trading team; proactively communicate on progress and activities which impact Trading activities
Candidate Qualifications:
7+ years of relevant experience in investment operations or middle office within the financial services industry, preferably within asset management
Practical experience with BlackRock Solutions Aladdin and Bloomberg required
Working knowledge of investments, fixed income markets, and/or fund accounting
Experience in managing 3rd party vendors & outsourcing providers
Strong analytical and data management skills
Proficiency with MS Office including Excel; general comfort navigating new technologies and systems
Ability to work both independently and collaboratively in a fast-paced, fluid environment
Risk management and analytical skills
Agility and adaptability; adept at staying goal-oriented in change environments
Strong documentation skills and attention to detail
A team player who enjoys rolling their sleeves up and helping out
Bachelor’s degree or equivalent experience
We believe that meeting these requirements will position you for success in the role. However, if you fulfil most – but not all – of the expectations, we still encourage you to apply, as we are eager to explore your potential and believe in the ability to grow and learn.
We are an equal opportunity employer. We provide equal opportunity to all applicants and employees regardless of race, colour, religion, national origin, age, sex, sexual orientation, gender identity, marital status, pregnancy, disability, military status or other legally protected categories.